PTML is a significant tobacco merchant in Malawi, and has been growing its market share on an ongoing basis. PTML primarily deals in Air Cured Burley (ACB), but also in Flue Cured Virginia (FCV) and Dark Fired Cured (DFC) tobaccos. The company sources its burley and DFC tobacco from its Integrated Production System (IPS) with its small scale contracted farmer base.
The FCV is primarily sourced from contracted commercial farmers.
With increased market share, PTML established Kanengo Tobacco Processors Limited (KTPL) in 2010 and invested in building a factory to improve processing flexibility, quality and cost efficiency. KTPL has an annual capacity of 50,000 MT. The factory comprises a leaf processing line, green and packed warehouses, clinic and an office block. The factory is open to third party processing.
Premium focuses on Corporate Social Responsibility through charitable and social activities within the areas of operation and an intensive focus on good labour practices. Agronomy and field staff work very closely with stakeholders for the elimination of forced labour and child labour, as well with the Elimination of Child Labour in Tobacco (ECLT ) foundation based in Geneva, Switzerland.